NOT LISTED FOR SALE

Estimated Value: $2,939,000 - $4,413,881

6 Beds
5 Baths
2,600 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $3,233,000 $1,243 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $23,082/month

5 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Zoned Cooling
  • Pacific Beach Elementary School Rated A-
  • Fireplace
  • 5-minute walk to Mission Beach Park

About This Home

As of July 2022

Not a single detail missed with this 2010-built, steel frame duplex just three homes from the ocean in South Mission Beach. A meticulous "owner's unit" is the ultimate beach home for year round living, relaxing visits, or high-demand rentals. The "owner's unit" enjoys 4 bedrooms, 3 bathrooms, in-unit laundry, a shower that turns to steam room, elevator connected to the 2 car garage, and a 360 degree view roof deck. Control the temperature room to room with radiant heat flooring. The primary suite is a true sanctuary that allows for privacy from other guests who can walk to the upstairs view deck without disturbing the primary suite occupants. The second residence holds 2 bed/2 ba and has a nice large patio with retractable sun covers. It is your opportunity to host friends, family, or to receive premium rental income. The second unit also comes complete with tandem parking. Truly a remarkable build only steps to the sand. Not a single detail missed with this 2010-built, steel frame duplex just three homes from the ocean in South Mission Beach. A meticulous "owner's unit" is the ultimate beach home for year round living, relaxing visits, or high-demand rentals. The "owner's unit" enjoys 4 bedrooms, 3 bathrooms, in-unit laundry, a shower that turns to steam room, elevator connected to the 2 car garage, and a 360 degree view roof deck. Control the temperature room to room with radiant heat flooring. The primary suite is a true sanctuary that allows for privacy from other guests who can walk to the upstairs view deck without disturbing the primary suite occupants. The second residence holds 2 bed/2 ba and has a nice large patio with retractable sun covers. It is your opportunity to host friends, family, or to receive premium rental income. The second unit also comes complete with tandem parking. Truly a remarkable build only steps to the sand.

Last Agent to Sell the Property

Peter Giacalone

ENG Properties License #01924397 Listed on: 05/19/2022

Co-Listed By

Katy Sullivan

ENG Properties License #01925534

Last Buyer's Agent

Fredy Garcia

Compass License #01959761

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,556

Year Built

  • 2010

Lot Details

  • 2,381 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Property Views

  • Ocean
  • Bay
  • Panoramic

Home Design

  • Clay Roof

Interior Spaces

  • 3-Story Property
  • Fireplace

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Above Ground Spa
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 423-714-07-00

Community Details

Overview

  • 2 Units

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,556

Year Built

2010

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: South Mission Beach
  • Supplement: Not a single detail missed with this 2010-built, steel frame duplex just three homes from the ocean in South Mission Beach. A meticulous "owner's unit" is the ultimate beach home for year round living, relaxing visits, or high-demand rentals. The "owner's unit" enjoys 4 bedrooms, 3 bathrooms, in-unit laundry, a shower that turns to steam room, elevator connected to the 2 car garage, and a 360 degree view roof deck. Control the temperature room to room with radiant heat flooring. The primary suite is a true sanctuary that allows for privacy from other guests who can walk to the upstairs view deck without disturbing the primary suite occupants. The second residence holds 2 bed/2 ba and has a nice large patio with retractable sun covers. It is your opportunity to host friends, family, or to receive premium rental income. The second unit also comes complete with tandem parking. Truly a remarkable build only steps to the sand.
  • Miscellaneous: Elevators/Stairclimber
  • Stories: 3 Story
  • Sale Price List Price: 1.1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2010

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • Spa: Private Portable
  • Spa Heat: Electric
  • View: Bay, Ocean, Panoramic, Panoramic Ocean

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Fireplace, Forced Air Unit, Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION BEACH
  • Complex Features: Spa/Hot Tub

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Sidewalks, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 423-714-07-00
  • Estimated Lot Sq Ft: 2381

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Projected: 21.9
  • Gross Sched Income Projected: 132000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 11, 2022
Sold by
Judi And Art Wells Family Trust
Bought by
Jc Colibrl Trust
Seller's Agent
Peter Giacalone
ENG Properties
Buyer's Agent
Fredy Garcia
Compass
List Price
$2,950,000
Sold Price
$3,233,000
Premium/Discount to List
$283,000
9.59%
Total Days on Market
5
Current Estimated Value
$3,526,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,720
Avg. Annual Appreciation
2.99%
Original Mortgage
$2,263,100
Outstanding Balance
$2,168,162
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$1,358,558

Purchase Details

Closed on
May 7, 2021
Sold by
Wells Arthur C and Wells Judith L
Bought by
Wells Arthur C and Wells Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Wells Arthur C
Bought by
Wells Arthur C and Wells Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2008
Sold by
Wells Arthur C
Bought by
Wells Arthur Crews

Purchase Details

Closed on
Aug 8, 2007
Sold by
Traphagen Peter G and Mckenney Grace E
Bought by
Wells Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 1983
Source: Public Records

Similar Homes in the area

  • 342 Bonair St Unit 342-344, La Jolla, CA 92037

    $3,495,000

    • 7 Beds
    • 4 Baths
    • 2,800 Sq Ft
    • 342 Bonair St
    • Unit 342-344
    • La Jolla, CA

    Prime Windansea Beach Location – First Time on the Market in Over 60 Years! Seize this once-in-a-lifetime opportunity to own a coveted piece of coastal paradise just steps from the world-renowned Windansea Beach, famous for its iconic surf breaks, historic surf shack, and picturesque tide pools. This rare gem includes two duplexes, offering four separate units and four coveted off-street parking

    Kathleen Westwood Willis Allen Real Estate

    Section Image
  • 728 Jamaica Ct, San Diego, CA 92109

    $3,499,000

    • 4 Beds
    • 4 Baths
    • 728 Jamaica Ct
    • San Diego, CA

    Stunning, open, and spacious 3 bedroom 2.5 bath tri-level beach house that includes a separate 1-bedroom, 1-bath unit—perfect for guests, rental income, or extended family. The main house boasts over 1,900 square feet, with 3 bedrooms 2.5 baths and a 2 car garage. Enjoy breathtaking views of the ocean, SeaWorld fireworks, and the iconic roller coaster from your home. Experience relaxed, vibrant

    David Keefe Coldwell Banker West

    Section Image
  • 801 Liverpool Ct Unit 9, San Diego, CA 92109

    $4,150,000

    • 8 Beds
    • 4 Baths
    • 801 Liverpool Ct
    • Unit 9
    • San Diego, CA

    An extremely rare offering of 6 Units in the heart of Mission Beach on 2 APN's! This trophy property is located just steps to the sand and consists of (4) 2 bed / 1 bath units & (2) 1 bed / 1 bath units. Located within comfortable walking distance to dozens of restaurants, cafes, bars, Belmont Park and other entertainment options, the location is a 10/10 and these units would perform well as

    Johnny Noris Compass

    Section Image
  • 1759 Ocean Front St, San Diego, CA 92107

    $3,800,000

    • 4 Beds
    • 4 Baths
    • 2,112 Sq Ft
    • 1759 Ocean Front St
    • San Diego, CA

    Location! Location! Location! Opportunities Abound! Prime cliff top property with endless ocean views! The upper level of the lot features 4 detached, stand alone, Spanish Style bungalows. Each unit features 1 bedroom and 1 bathroom, a kitchen, and a living room. (Floor plans attached in Supplements) The front two units (1759 & 1761) are single story. The two rear units (1763 & 1765) are two

    Mark Leeper Pinnacle Estate Properties

    Section Image
  • 1971 Ebers St, San Diego, CA 92107

    $2,795,000

    • 8 Beds
    • 6 Baths
    • 3,558 Sq Ft
    • 1971 Ebers St
    • San Diego, CA

    Rare coastal opportunity. Live in one and occupy others - stunning historic Beach Cottage (mills act approved with lower property taxes) and 2 units. Assumable 2.25% interest rate. Terms - Cash flows - Mint Condition - Investors Dream Property. 4 blocks from the surf and sand. Large spaciousness units, a blend of comfort, character, and coastal charm. 8 Parking spots!! In the heart of Ocean

    Anna Marie Barnard Sand & Sea Realty, Inc.

    Section Image
  • 4768 72 Coronado Ave Ave, San Diego, CA 92107

    $2,999,000

    • 7 Beds
    • 5 Baths
    • 2,775 Sq Ft
    • 4768 72 Coronado Ave Ave
    • San Diego, CA

    There are 4 Units. Three of the units are residentially permitted. Construction for this property began in 1960. Originally it was a 3 unit project. Each unit included 2 bedrooms and 1 bathroom. several years after the 3 units were built the local telephone company entered into an agreement with the owner to add storage and office space to the building to begin internet services for the

    Dan Dennison TXR Homes

    Section Image
  • 4071 Riviera Dr, San Diego, CA 92109

    $3,400,000

    • 7 Beds
    • 5 Baths
    • 2,600 Sq Ft
    • 4071 Riviera Dr
    • San Diego, CA

    Rare Turnkey Crown Point compound just steps from Sail Bay, delivering projected 10%+ ROI across two separate, fully furnished units in a premier coastal location.Spanning over 2,600 sq ft across two APNs, this high-performing asset includes a 5-bed, 3.5-bath front home designed for short-term rental success—featuring three en-suites, two flex spaces, multiple patios, and a rooftop deck with

    Nilab Azizi Compass

    Section Image
  • 1215 Grand Ave, San Diego, CA 92109

    $3,195,000

    • 6 Beds
    • 6 Baths
    • 1215 Grand Ave
    • San Diego, CA

    Welcome to this immaculate duplex located blocks down from the sandy shores, offering the perfect blend of coastal living and turnkey investment potential. Both units were fully remodeled from Ground Up. Step into this completely transformed home, where every inch has been reimagined with care, quality, and a designer touch. This property has been taken down to the studs and rebuilt to meet

    Mason Ballard Weichert SoCal

    Section Image
  • 1951 Hornblend St Unit 55, San Diego, CA 92109

    $2,700,000

    • 7 Beds
    • 6 Baths
    • 3,200 Sq Ft
    • 1951 Hornblend St
    • Unit 55
    • San Diego, CA

    Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to

    Chris J. Luna Backyard Brokerage Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jc Colibrl Trust $3,233,000 Chicago Title
Wells Arthur C -- Chicago Title Company
Wells Arthur C -- None Available
Wells Arthur C -- None Available
Wells Arthur Crews -- None Available
Wells Arthur C $1,125,000 Commonwealth Land Title Co
-- $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jc Colibrl Trust $2,263,100
Previous Owner Wells Arthur C $1,537,000
Previous Owner Wells Arthur C $1,500,000
Previous Owner Wells Arthur Crews $1,500,000
Previous Owner Wells Arthur Crews $1,500,000
Previous Owner Wells Arthur Crews $1,500,000
Previous Owner Wells Arthur Crews $1,575,000
Previous Owner Wells Arthur C $825,000
Previous Owner Traphagen Peter G $250,000
Previous Owner Traphagen Peter G $190,000
Previous Owner Traphagen Peter G $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $3,233,000 +9.6% $1,243 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $2,950,000 -- $1,135 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40,556 $3,297,660 $2,583,660 $714,000
2023 $39,663 $3,233,000 $2,533,000 $700,000
2022 $24,641 $2,028,470 $1,249,889 $778,581
2021 $24,469 $1,988,697 $1,225,382 $763,315
2020 $24,165 $1,968,307 $1,212,818 $755,489
2019 $23,733 $1,929,714 $1,189,038 $740,676
2018 $22,201 $1,891,877 $1,165,724 $726,153
2017 $21,746 $1,854,782 $1,142,867 $711,915
2016 $21,265 $1,806,650 $1,120,458 $686,192
2015 $20,951 $1,779,513 $1,103,628 $675,885
2014 $20,615 $1,744,656 $1,082,010 $662,646
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220012360

San Diego MLS

APN: 423-714-07